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Top 40: Joel Bomgar

Never one to dawdle, Joel Bomgar figured if he spent has much time fixing IT problems for clients as he did driving to see them, he could solve a lot of problems and make a good living when he graduated from college.

The Belhaven College graduate’s stroke of genius has turned from a dream into a multi-million-dollar enterprise. Bomgar spent the last month of his college career developing a software system that would allow users to remotely access clients’ computers from near and far.

Today, the Bomgar Corporation services over 5,000 customers globally and is on track to make annual revenues top the $30 million mark. A mere 23-years-old when he launched the company, Bomgar has expanded the business to include 150 employees in six offices, including Paris and London.

That’s a far cry from the days when the ever-resourceful software whiz drove a beat-up, hand-me-down automobile to meet with clients and just getting his venture off the ground.

To afloat early, he sold 50 license applications for the software product at $500 each.

“I hacked together a piece of technology I didn’t really intend to sell,” said the Bomgar CEO.  “It was really just to make my work easier.  But I figured I couldn’t be the only tech support person on the planet that had these frustrations.”

A native of Iowa, Bomgar holds 16 computer network and technology certifications.  His company is ranked as the fastest-growing technology company in Mississippi by the Inc. 500, Deloitte Fast 500 and the Mississippi Business Journal’s Fast 40.

Bomgar says his biggest contribution to the state’s business community is his vision for the future.

“I think being a visionary that can coach and mentor other up-and-coming entrepreneurs is my forte,” Bomgar said.  “Bringing passion, vision, energy and the ability to assemble a team to execute on that vision is my most valuable skill.”

A Leadership Award recipient from the Mississippi Technology Alliance in 2008, Bomgar looks to Mississippi technology role models John Palmer and Jim Barksdale for inspiration

“They have made an incredible impact on the entrepreneurial and technology community in our state,” he said.

Despite a busy schedule, Bomgar enjoys spending time with his family, scuba diving and skiing.

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